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Zijin Mining Group Announces Amendments to Articles of Association

Story Highlights
  • Zijin Mining will abolish its Supervisory Committee, transferring duties to the Board’s audit committee.
  • Changes in share structure and capital increase follow share repurchase and new issuance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zijin Mining Group Announces Amendments to Articles of Association

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An announcement from Zijin Mining Group Co ( (HK:2899) ) is now available.

Zijin Mining Group Co., Ltd. announced significant amendments to its Articles of Association, including the abolishment of its Supervisory Committee. The statutory functions of the Supervisory Committee will now be exercised by the audit and supervision committee of the Board of Directors. Additionally, changes in the company’s registered capital were made following the repurchase and cancellation of restricted A Shares and the issuance of new H Shares, resulting in an increase in the total number of shares and registered capital.

The most recent analyst rating on (HK:2899) stock is a Buy with a HK$40.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.

More about Zijin Mining Group Co

Average Trading Volume: 77,089,703

Technical Sentiment Signal: Buy

Current Market Cap: HK$821.4B

For a thorough assessment of 2899 stock, go to TipRanks’ Stock Analysis page.

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